QUEBEC – Drilling at Wesdome’s Kiena gold complex has extended the high-grade Kiena Deep A zone down dip and confirmed the limits of existing mineralization. Drill highlights from step out work, which extended the A zone by 100 metres down…
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AUSTRALIA – With approval for a US$150-million investment in an autonomous haulage system (AHS) at its Boddington mine, Newmont will be the first gold miner with a driverless truck fleet. “Not only does Boddington continue to deliver strong performance…
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NEVADA – Americas Gold and Silver has announced that it has poured the first gold at its Relief Canyon mine and provided a two-year outlook for production growth. “Relief Canyon has successfully poured its first gold and the company is…
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MEXICO – Excellon Resources has released exploration results from its Evolucion and Platosa properties with high-grade intercepts expanding mineralized zones at both assets. At Platosa, host to an operating underground mine, drilling from surface inter…
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TORONTO – With the release of optimized mine plans for both its Rainy River and New Afton mines, New Gold is focusing on cash flow generation. The company also provided full-year financial results and issued guidance for 2020; operating results…
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AngloGold Ashanti is selling its assets in South Africa to Harmony Gold in a deal worth about US$300 million. Harmony Gold has nine underground operations in the country’s Witswatersrand Basin and an open-pit mine on the Kraaipan Greenstone Belt. Anglo…
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BRITISH COLUMBIA – Pretium Resources expects to produce 325,000 oz. to 365,000 oz. gold a year while it mines the Valley of the Kings zone, in contrast with the 525,000 oz. long-term output rate suggested in a technical report released…
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TORONTO – Premier Gold Mines has announced an overnight marketed offering of $38 million, increased from approximately $33 million previously. The offering, co-led by CIBC Capital Markets and Sprott Capital Partners, will involve the issue of 25.3 mill…
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TORONTO – Centerra Gold produced 783,308 oz. of gold last year, beating its prior guidance for 730,000 oz. to 765,000 oz. with both the Kumtor and Mount Milligan mines exceeding targets. All-in sustaining costs, to be released at the end…
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GOLD: Centerra exceeds production guidance, expects up to 820,000 oz. this year Read More »
AUSTRALIA – Miner OceanaGold expects to produce 360,000 oz. to 380,000 oz. of gold this year from its three operations in New Zealand and the U.S. at all-in sustaining costs of US$1,075 to US$1,125 per oz. This is a decrease…
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GOLD: OceanaGold to produce up to 380,000 oz. in 2020 Read More »
